U.S. Jobless Claims Unexpectedly Decline to 324,000

May 2 (Bloomberg) -- The number of Americans filing claims for jobless benefits unexpectedly dropped last week to the lowest level in more than five years, indicating companies are retaining staff even as the economy cools. Applications for unemployment insurance payments fell 18,000 to 324,000 in the week ended April 27, the fewest since January 2008, Labor Department figures showed today in Washington. Betty Liu and Michael McKee report on Bloomberg Television's "In the Loop." (Source: Bloomberg)

China Outlook: Further Weakness in the Economy?
54:36 - Raymond Chan, Asia-Pacific chief investment officer at Allianz Global Investors, discusses Asian markets in 2016, the outlook for China's economy and where he sees opportunity. He speaks to Bloomberg's Angie Lau on "First Up." (Source: Bloomberg)
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